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Question
Correct the underlined word and rewrite the following sentence.
In public company, shares are not freely transferrable
Solution
In Private Company, shares are not freely transferable.
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| Group ‘A’ | Group ‘B’ |
| A) Private Company | 1) Karta |
| B) Public Company | 2) Local Market |
| C) Common Seal | 3) 1932 |
| D) Partnership Act | 4) Maximum 200 members |
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| 8) Signature of Company | |
| 9 ) Maximum 100 members | |
| 10) Manager |
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Correct the underlined word and rewrite the following sentence.
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Justify the following statement.
Shares of Private Limited Company are not freely transferable.
